Texas Supreme Court Rules Against Diminished Value

I believe the ruling was that in first party claims against the insurer the insurer was not liable for diminished value reimbursement. The liability for third party diminished value claims was not addressed.

We perform diminished value appraisals almost every day for customers in Texas. In most cases they are claimants making claims against the third-party insurer. The rest are seeking write-offs on their taxes. Only occasionally do we get a call from a customer looking to claim diminished value against their own company but after we advise them to consult an attorney or do some further research we never hear back from them.